La Arts
- Assets
- $253.7k
- Revenue
- $173.1k
- Investments
- $127.0k
- Employees
- 1
- Location
- Lewiston, ME
- Founding
- 03/1984
- Data as of
- 06/2021
- EIN
- 01-0391208
Organization Overview
La Arts is located in Lewiston, ME. The organization was established in 1984. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Arts is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, LA Arts generated $173.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $95.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (15.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE AND ENGAGE A VIBRANT COMMUNITY THROUGH ARTS AND CULTURE
Describe the Organization's Program Activity:
Part 3 - Line 4a
ART WALK LA - A SERIES OF COMMUNITY EVENTS FEATURING ART EXHIBITIONS IN DOWNTOWN STORES AND GALLERIES, ALONG WITH MUSICAL AND OTHER PERFORMANCES IN PUBLIC SPACES, TYPICALLY HELD ONCE A MONTH IN THE SIX WARMEST MONTHS AND AVAILABLE FREE TO ALL RESIDENTS AND VISITORS. HELD ONLINE DURING THE PANDEMIC. SERVING OVER 500 PEOPLE
PUBLIC ART PROJECT - FORMING A PUBLIC ART WORKING GROUP, UNDER A GRANT FROM THE MAINE ARTS COMMISSION, AND COMMISSIONING TWO MAJOR SCULPTUARL WORKS, ONE EACH FOR LEWISTON AND AUBURN, MAINE.
ART EXHIBIT PROGRAM - MONTHLY ART EXHIBITS IN OUR GALLERY UNTIL THE PANDEMIC TEMPORARILY SHUT THE GALLERY DOWN.
DOWNSTAGE PERFORMANCE SPACE PRESENTS A WIDE RANGE OF FREE OR LOW-COST EVENTS AND PROGRAMS FOR ALL AGES AND INTERESTS, AND SERVES AS A COMMUNITY SPACE FOR FILM SCREENINGS, INTIMATE PERFORMANCES, OPEN MIC NIGHTS, CLASSES, AND CONCERTS.LA ARTS IS A FOUNDING AND FACILITATING MEMBER OF ARTS & CULTURE LEWISTON AUBURN (ACLA), A MARKETING COLLECTIVE OF 19 ARTS AND CULTURAL ORGANIZATIONS IN CENTRAL MAINE THAT ADVOCATES AND PROMOTES THEIR WORK TO THE PUBLIC. ACLA DEVELOPS AUDIENCES AND INCREASES AWARENESS OF ARTS AND CULTURAL EXPERIENCES FOR THE GREATER LA REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Parakilas Chair | OfficerTrustee | 10 | $0 |
Darby Ray Vice Chair | OfficerTrustee | 5 | $0 |
William Low Board Member | Trustee | 2 | $0 |
Mark Lee Board Member | Trustee | 2 | $0 |
Elaine Gammon Board Member | Trustee | 2 | $0 |
Mary Callahan Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $37,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $135,792 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $172,792 |
| Total Program Service Revenue | $0 |
| Investment income | $977 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$625 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $173,144 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,280 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $299 |
| Payroll taxes | $2,373 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,553 |
| Advertising and promotion | $18,406 |
| Office expenses | $6,911 |
| Information technology | $689 |
| Royalties | $261 |
| Occupancy | $15,884 |
| Travel | $100 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $160 |
| Insurance | $2,970 |
| All other expenses | $0 |
| Total functional expenses | $95,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108,940 |
| Savings and temporary cash investments | $10,222 |
| Pledges and grants receivable | $3,000 |
| Accounts receivable, net | $4,250 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $325 |
| Net Land, buildings, and equipment | $6 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $126,991 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $253,734 |
| Accounts payable and accrued expenses | $34 |
| Grants payable | $45,550 |
| Deferred revenue | $8,949 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $54,533 |
| Net assets without donor restrictions | $80,281 |
| Net assets with donor restrictions | $118,920 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $253,734 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that La Arts has recieved totaling $30,500.
| Awarding Organization | Amount |
|---|---|
New England Foundation For The Arts Inc Boston, MA PURPOSE: GENERAL OPERATING, CREATION AND/OR PRESENTING SUPPORT | $10,000 |
Onion Foundation Wayne, ME PURPOSE: GENERAL PURPOSE | $10,000 |
Bangor Savings Bank Foundation Bangor, ME PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
Helen And George Ladd Charitble Corportion Boston, MA PURPOSE: GENERAL FUND | $5,000 |
Alfred Williams & Kate J Anthony Trust 255 Brooklyn, OH PURPOSE: GENERAL OPERATING | $500 |
Endowment Analysis
| Beg. Balance | $18,920 |
| Earnings | $1,621 |
| Net Contributions | $100,000 |
| Ending Balance | $120,541 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Gallery Inc Lebanon, NH | $6,063,802 | $1,233,461 |
Cobscook Community Learning Center Trescott, ME | $3,718,978 | $1,225,738 |
Waterfall Arts Belfast, ME | $1,786,226 | $827,974 |
Arts In Reach-Encouraging Growth Through The Arts Portsmouth, NH | $413,495 | $458,459 |
Fiddlehead Center For The Arts Scarborough, ME | $112,291 | $267,546 |
Peacock Players Inc Nashua, NH | $365,140 | $189,037 |
Celebration Barn Theater South Paris, ME | $618,112 | $274,113 |
Illustration Institute Portland, ME | $1,033,085 | $146,402 |
Bridgton Art Guild Inc Bridgton, ME | $81,166 | $133,191 |
North Country Studio Workshops Inc North Hampton, NH | $164,810 | $0 |
Littleton Studio School Littleton, NH | $134,274 | $0 |
La Arts Lewiston, ME | $253,734 | $173,144 |